Company

Petronet LNG Limited, one of the fastest growing world-class companies in the Indian energy sector, has set up the country's first LNG receiving and regasification terminal at Dahej, Gujarat, and another terminal at Kochi, Kerala. While the Dahej terminal has a nominal capacity of 15 MMTPA, which is being expanded to 17.5 MMTPA, the Kochi terminal has a capacity of 5 MMTPA. The company is also exploring suitable opportunities within and outside India to expand its business presence.

Natural Gas

Natural Gas consists mainly of Methane and small amounts of ethane, propane and butane. It is transported through pipelines but is extremely bulky. A high-pressure gas pipeline can transport in a day only about one-fifth of the energy that can be transported through an oil pipeline.

Terminals

The Company had set up South East Asia's first LNG Receiving and Regasification Terminal with an original nameplate capacity of 5 MMTPA at Dahej, Gujarat. The infrastructure was developed in the shortest possible time and at a benchmark cost. The capacity of the terminal has been expanded in phases which is currently 15 MMTPA and the same is under expansion to 17.5 MMTPA. The terminal has 6 LNG storage tanks and other vaporization facilities. The terminal is meeting around 40% of the total gas demand of the country.

CSR

Petronet LNG, as responsible Corporate/Community/Government Citizens, undertake Socio-Economic Development Programme
to supplement the efforts to meet priority needs of the community with the aim to help them become self-reliant.
These efforts would be generally around our work centres mostly in the areas of Education, Civil Infrastructure,
Healthcare, Sports & Culture, Entrepreneurship in the Community. Petronet LNG also support Water Management and
Disaster Relief in the country thereby help to bolster its image with key stakeholders.

Media Centre

Four of the top public sector companies of the country's Hydrocarbon Sector viz. Oil and Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and GAIL (India) Limited (GAIL) have invested in Petronet LNG. Each has a 12.5% equity share, leading to a total of 50% for the four.

Four of the top public sector companies of the country's Hydrocarbon Sector viz. Oil and Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and GAIL (India) Limited (GAIL) have invested in Petronet LNG. Each has a 12.5% equity share, leading to a total of 50% for the four.

Dr. Manmohan Singh, Hon'ble Prime Minister of India today dedicated to the nation the 2nd LNG Terminal of Petronet LNG at Kochi, Kerala. This terminal has been constructed at a cost of around Rs. 4500 Crores which is one of the biggest investments in the State of Kerala in recent times. Â The Kochi LNG Terminal can process 5 Million tonnes of Liquid Natural gas(about 18 Million Standard Cubic Meters per day) and holds enormous potential not only for Kerala but for entire Southern region of India as it can spur industrial activities alongside the pipeline network.

On this occasion Prime Minister congratulated the people of Kerala for having this clean and green source of energy and lauded the efforts put in by Petronet LNG for relentlessly pursuing the energy security for the country.

In his address he emphasized that despite country's pursuance for domestic gas production, the country would need to import more gas to keep pace with economic growth. Therefore, the country needs to put in place world class infrastructures at appropriate locations at required timelines.

He, however, emphasized that in order to maintain parity between domestic and imported gas price, market discovered pricing mechanism is the need of the hour. Further, expressing concerns over underutilization of Kochi Terminal, he advised the entire stakeholder to co-operate on pipelines issues so that the project becomes viable and full potential of Kochi Terminal can be exploited.

Speaking on this occasion Sh Oomen Chandy, Hon'ble Chief Minister of Kerala emphasized entrepreneurial business culture and rapid business growth in the State for employment generation for next generation. However, while achieving rapid industrial growth its impact on environment must be kept in mind. Therefore, availability of natural gas through Kochi LNG Terminal is definitely a good initiative for achievement of the State’s vision for prosperity driven by competitive and eco-efficient economy.

Dr. M. Veerappa Moily, Hon'ble Minister of Petroleum & Natural Gas and Environment & Forests, presided over the function and said the country is growing and would need all focus of energy and larger imports in addition to domestic production. Therefore, he advised Indian Petroleum Sector companies to secure long-term gas contracts at affordable price keeping in view the market conditions of Asian Sub-continent.

The other dignitaries who were present on the dais were His Execellency Nikhil Kumar, Hon'ble Governor of Kerala, Union Ministers Prof K V Thomas, Minister of State for Consumer Affairs and Food & Pubic Distribution, Smt Panabaka Lakshmi, Minister of State for Petroleum & Natural Gas and Textiles.

A large number of CMDs, Directors and senior officers from companies, bureaucrats and industry leaders from India and the employees participated in the function. Excellent arrangements were made by Petronet LNG Limited at their plant.

Dr. Manmohan Singh, Hon'ble Prime Minister addressing to the audience on the occasion of Dedication to the Nation of Kochi LNG Terminal, Kerala.